Refining
Geoinform, subsidiary of the MOL Group, signs strategic cooperation agreement with Baker Hughes
The collaboration aims to introduce state-of-the-art, innovative oil and gas technologies capable of meeting emerging market demands and significantly increasing the operational efficiency of the industry.
Hungary asks Croatia for help after Russian oil flows via Ukraine halted
A Russian attack on the Druzhba pipeline in Ukraine on January 27 knocked out flows to Eastern Europe.
U.S. refiner Valero to import up to 6.5 MMbbl of Venezuelan crude in March
Valero was among the first U.S. refiners to resume imports of Venezuelan crude after the United States struck a flagship $2-B oil supply deal with the country's interim government and began to ease sanctions.
Suffocating Western pressure may finally force Russian oil output cuts
Moscow has successfully redirected most of its seaborne crude to China, India and Turkey, often relying on a “shadow fleet” of aging, uninsured tankers to circumvent restrictions while offering steep discounts.
India's Reliance wins U.S. license for Venezuelan oil
A general license authorizes the purchase, exportation, and sale of Venezuelan-origin oil that has already been extracted, including the refining of such oil.
Three contractors injured at ExxonMobil facility in Beaumont, Texas (U.S.)
Additional details about the cause of the incident, the severity of the burns, and the conditions of the injured workers were not immediately available.
China's epic renewables boom lifts it into rare clean capacity club
With 73 GW more clean capacity than fossil fuel capacity in use, China now has 51% of its power fleet drawing from clean sources and joins the ranks of Brazil, France and Germany as major economies powered mainly by clean energy sources.
TotalEnergies booked loss in France due to refining activities, CEO says
French oil major TotalEnergies did not pay corporate tax in France last year because its operations in the country led to a loss of between €200 MM ($237.22 MM) and €300 MM.
Slovakia says Druzhba oil supplies interrupted, expected to resume in coming days
The economy ministry said the interruption did not affect Slovakia's energy security and gave no further details on the length of the expected suspension of flows.
- Ineos to shut polystyrene facility in Illinois (U.S.) by the end of the year 6/19
- How ASTM approval of methanol-to-jet accelerates SAF at scale 6/19
- EU crafts plan to give industries extra free CO2 permits this year 6/19
- PetroChina forecasts Chinese oil consumption will drop 4.9% this year 6/19
- Digital Exclusive: Water injection pump mechanical seals failure after pump shutdown 6/19
- Russian gasoline output down 25% so far in June after drone attacks on refineries 6/19
